Cost Center

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Cost center

Any division, department, or subsidiary of a company that has expenses but is not directly producing revenues.

Cost Center

A department or other section of a company where managers are directly responsible for costs. For example, consider a company that has a manufacturing department, a research and development department, and a payroll department. Each department could be a cost center, and the directors of each department would be responsible to keep costs to as low a level as possible. The company thus accounts for each cost center separately, which allows managers to take immediate responsibility for cost growth and credit for cost cutting.

cost center

A segment of a business or other organization in which costs can be segregated, with the head of that segment being held accountable for expenses. Cost centers are established in large organizations to identify responsibility and to control costs.

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No references found			To do this, though, IT must establish itself as more than just a cost center for insurance carriers. Seize the day: with the struggling economy, opportunity is knocking ... by Hyle, Robert Regis / Tech Decisions Sharyn Leaver, and Andrew Magarie, also implore organizations not to shrink the quality of contact center-delivered customer care, and not to treat contact centers as cost centers. A new report by Forrester Research by Customer Interaction Solutions Without this optional reporting method, the total expenses of the first cost center would be allocated to the other functions, and might include an allocation of part of these expenses to another cost center. Chill, CFO: it's EZ: a fictional tale about a CEO who didn't take ... by Borders, Ann / Behavioral Healthcare			Corredor de prestamos hipotecarios correlation Correlation Coefficient Correlation Dimension Correlation Integral correlative water right Corrente Correspondant bancaire Correspondent Correspondent Bank Correspondent Lender Correspondente bancario Corretor de cambio Correzione Corrida bancaria Corso lettera Corte de cupon Corte de cupon y su venta individual cosigner Cost Cost Accounting cost allocation depreciation Cost and Freight cost approach cost basis Cost Center Cost Company Arrangement Cost Depletion Cost Hierarchy Cost Insurance and Freight Cost Method of Inventory Valuation Cost of Capital Cost of Carry Cost of Debt Cost of Equity Cost of Funds cost of funds index Cost of Goods Sold Cost of Lease Financing Cost of limited partner capital Cost of Living Cost of Maintaining a Home Cost of Tender Cost or Market, Whichever is Lower Cost per Click Cost per Thousand Cost Records cost recovery Cost Recovery Period Cost Synergy cost to cure			Cost Audit Board Cost Authority Target Cost Based Optimizer Cost Based Query Transformation Cost basis Cost Basis Reporting Service Cost Beneficial Licensing Action Cost Benefit Analysis Cost Benefit Analysis Cost Benefit Analysis Cost Benefit Analysis Cost Benefit Analysis Cost Benefit Appraisal Cost Benefit Assessment Cost Benefit Forecasting Model Cost Benefit Ratio Cost Benefit Ratio Cost Benefit Ratios Cost Benefit Ratios Cost Benefit Review Group Cost Benefits Analysis Software Capability Evaluation cost bill Cost Break Down cost breakdown Cost Breakdown Structure Cost Build Up Cost Calculation cost cap Cost Category Code Cost Category Reporting System Cost Center Cost Center Base AS Cost Center Manager cost centers cost centers cost centers Cost centre Cost centre Cost centre Cost Centre Liaison Officer cost centres Cost Change Action Request Cost Change Proposal Cost Closing Statement Cost Commitment Team Cost company arrangement Cost Company Arrangements Cost Comparison Form Cost Comparison Handbook Cost Component Analysis cost consultant cost containment cost containment cost containment Cost Containment Program Cost Containment Strategies cost contract Cost Control Cost Control Cost Control Cost Control

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